Seaborne steel scrap prices inch up amid firmer steel pricing in Turkey, Asia

Slightly firmer finished steel prices in Southeast Asia and Turkey contributed to a small price increase in the major seaborne steel scrap markets in the week ended Friday June 9, sources told Fastmarkets.

• Turkish mills pay higher prices for scrap cargoes with steel prices rising on lira weakness
• US sellers struggle to shift scrap to Turkey, raising domestic availability

• Vietnamese buyers raise bid...

Published

Cem Turken

Lee Allen

Ross Yeo

Amy Hinton

Tianran Zhao

June 09, 2023

17:43 GMT

London, Mugla, Pittsburgh, Shanghai